Singapore Stock Market News

OSIM International - Muted Spending Environment

StockFanatic
Publish date: Mon, 05 Jan 2015, 12:55 PM
StockFanatic
0 10,453
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
We expect the discretionary spending environment to remain muted in OSIM's core markets in 2015 and reduce our profit estimates accordingly. Maintain BUY, with a lower SGD2.30 TP (from SGD2.75) (16.2% upside). Nonetheless, we believe the company remains wellpositioned for growth when the market picks up, given its market leadership position and solid balance sheet for potential acquisitions.
Read more »
Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment